Fractory valuation, funding and investors
Fractory works in metal fabrication and casting services, based in Manchester, United Kingdom. Founded in 2017, it has about 77 employees.
- Last round
- Series A · $9.00M · Sep 2021
- Valuation at last round
- $44.6M · implied
- Headcount
- 77 · up
- Grade
- D
- Founded
- 2017
Fractory valuation today
VCMC values Fractory at $34.5M today, with a range of $4.09M to $101M and a grade of D. The valuation starts from its last funding round, a Series A round in Sep 2021.
Valuation by date (121 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2017 | $4.40M | $1.60M – $12.1M | $6.03M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2017 | $4.52M | $1.64M – $12.4M | $6.19M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2017 | $4.63M | $1.68M – $12.7M | $6.34M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2017 | $4.75M | $1.73M – $13.1M | $6.52M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2017 | $4.88M | $1.78M – $13.4M | $6.69M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2017 | $5.01M | $1.82M – $13.8M | $6.87M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2017 | $5.14M | $1.87M – $14.1M | $7.05M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2017 | $5.28M | $1.92M – $14.5M | $7.24M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2017 | $5.42M | $1.97M – $14.9M | $7.44M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2017 | $5.57M | $2.03M – $15.3M | $7.63M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2017 | $5.72M | $2.08M – $15.7M | $7.84M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2017 | $5.87M | $2.14M – $16.1M | $8.04M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2018 | $6.03M | $2.19M – $16.6M | $8.26M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2018 | $6.19M | $2.25M – $17.0M | $8.49M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2018 | $6.34M | $2.31M – $17.4M | $8.70M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2018 | $6.52M | $2.37M – $17.9M | $8.93M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2018 | $6.69M | $2.43M – $18.4M | $9.17M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2018 | $6.87M | $2.50M – $18.9M | $9.42M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2018 | $7.05M | $2.57M – $19.4M | $9.66M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2018 | $7.24M | $2.64M – $19.9M | $9.76M (+35%) | before first round | – | unknown | D | 0% |
| 1 Sep 2018 | $7.44M | $2.71M – $20.4M | $9.85M (+32%) | before first round | – | unknown | D | 0% |
| 1 Oct 2018 | $7.63M | $2.78M – $21.0M | $9.94M (+30%) | before first round | – | unknown | D | 0% |
| 1 Nov 2018 | $7.84M | $2.85M – $21.5M | $10.0M (+28%) | before first round | – | unknown | D | 0% |
| 1 Dec 2018 | $8.04M | $2.93M – $22.1M | $10.1M (+26%) | before first round | – | unknown | D | 0% |
| 1 Jan 2019 | $8.26M | $3.01M – $22.7M | $10.2M (+24%) | before first round | – | unknown | D | 0% |
| 1 Feb 2019 | $8.49M | $3.09M – $23.3M | $10.3M (+21%) | before first round | – | unknown | D | 0% |
| 1 Mar 2019 | $8.70M | $3.17M – $23.9M | $10.4M (+19%) | before first round | – | unknown | D | 0% |
| 1 Apr 2019 | $8.93M | $3.25M – $24.5M | $10.5M (+17%) | before first round | – | unknown | D | 0% |
| 1 May 2019 | $9.17M | $3.34M – $25.2M | $10.6M (+15%) | before first round | – | unknown | D | 0% |
| 1 Jun 2019 | $9.42M | $3.43M – $25.9M | $10.7M (+13%) | before first round | – | unknown | D | 0% |
| 1 Jul 2019 | $9.66M | $3.52M – $26.5M | $10.8M (+11%) | before first round | – | unknown | D | 0% |
| 26 Jul 2019 | $19.0M | $9.53M – $75.8M | $38.0M (+100%) | after a round | – | unknown | D | 0% |
| 1 Aug 2019 | $19.3M | $9.53M – $75.8M | $38.0M (+97%) | after a round | – | unknown | D | 0% |
| 1 Sep 2019 | $20.4M | $9.53M – $75.8M | $38.0M (+86%) | after a round | – | unknown | D | 0% |
| 1 Oct 2019 | $21.6M | $9.53M – $75.8M | $38.0M (+76%) | after a round | – | unknown | D | 0% |
| 1 Nov 2019 | $22.9M | $9.53M – $75.8M | $38.0M (+66%) | after a round | – | unknown | D | 0% |
| 1 Dec 2019 | $24.3M | $9.53M – $75.8M | $38.0M (+57%) | after a round | – | unknown | D | 0% |
| 1 Jan 2020 | $25.7M | $9.53M – $75.8M | $38.0M (+48%) | after a round | – | unknown | D | 0% |
| 1 Feb 2020 | $27.3M | $9.53M – $75.8M | $38.0M (+39%) | after a round | – | unknown | D | 0% |
| 1 Mar 2020 | $28.8M | $9.53M – $75.8M | $38.0M (+32%) | after a round | – | unknown | D | 0% |
| 1 Apr 2020 | $30.6M | $9.53M – $75.8M | $38.0M (+24%) | after a round | – | unknown | D | 0% |
| 1 May 2020 | $32.4M | $9.53M – $75.8M | $38.0M (+17%) | after a round | – | unknown | D | 0% |
| 1 Jun 2020 | $34.3M | $9.53M – $75.8M | $38.0M (+11%) | after a round | – | unknown | D | 0% |
| 1 Jul 2020 | $36.4M | $9.53M – $75.8M | $38.0M (+5%) | after a round | – | unknown | D | 0% |
| 1 Aug 2020 | $38.0M | $9.41M – $75.8M | $38.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Sep 2020 | $38.0M | $8.94M – $75.8M | $38.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Oct 2020 | $38.0M | $8.51M – $75.8M | $38.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Nov 2020 | $38.0M | $8.09M – $75.8M | $38.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Dec 2020 | $38.0M | $7.70M – $75.8M | $38.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Jan 2021 | $38.0M | $7.32M – $75.8M | $38.0M (0%) | after a round | 26 | unknown | D | 0% |
| 1 Feb 2021 | $38.0M | $6.95M – $75.8M | $38.0M (0%) | after a round | 26 | unknown | D | 0% |
| 1 Mar 2021 | $38.0M | $6.64M – $75.8M | $38.0M (0%) | after a round | 26 | unknown | D | 0% |
| 1 Apr 2021 | $38.0M | $6.31M – $75.8M | $38.0M (0%) | after a round | 26 | flat | D | 0% |
| 1 May 2021 | $38.0M | $6.01M – $75.8M | $38.0M (0%) | after a round | 26 | flat | D | 0% |
| 1 Jun 2021 | $38.0M | $5.71M – $75.8M | $38.0M (0%) | after a round | 26 | flat | D | 0% |
| 1 Jul 2021 | $38.0M | $5.44M – $75.8M | $38.0M (0%) | after a round | 26 | flat | D | 0% |
| 1 Aug 2021 | $38.0M | $5.17M – $75.8M | $37.9M (0%) | after a round | 26 | flat | D | 0% |
| 1 Sep 2021 | $38.0M | $4.91M – $75.8M | $37.6M (-1%) | after a round | 26 | flat | D | 0% |
| 7 Sep 2021 | $44.7M | $31.4M – $114M | $80.3M (+80%) | after a round | 26 | flat | C | 0% |
| 1 Oct 2021 | $46.5M | $31.4M – $114M | $80.3M (+73%) | after a round | 26 | flat | C | 0% |
| 1 Nov 2021 | $48.8M | $31.4M – $114M | $80.3M (+64%) | after a round | 26 | flat | C | 0% |
| 1 Dec 2021 | $51.2M | $31.4M – $114M | $80.3M (+57%) | after a round | 26 | flat | C | 0% |
| 1 Jan 2022 | $53.9M | $31.4M – $114M | $80.3M (+49%) | after a round | 64 | growing | C | 0% |
| 1 Feb 2022 | $56.6M | $31.4M – $114M | $80.3M (+42%) | after a round | 64 | growing | C | 0% |
| 1 Mar 2022 | $59.2M | $31.4M – $114M | $80.3M (+36%) | after a round | 64 | growing | C | 0% |
| 1 Apr 2022 | $62.3M | $31.4M – $114M | $80.3M (+29%) | after a round | 64 | growing | C | 0% |
| 1 May 2022 | $65.3M | $31.4M – $114M | $80.3M (+23%) | after a round | 64 | growing | C | 0% |
| 1 Jun 2022 | $68.7M | $31.4M – $114M | $80.3M (+17%) | after a round | 64 | growing | C | 0% |
| 1 Jul 2022 | $72.1M | $31.4M – $114M | $80.3M (+11%) | after a round | 64 | growing | C | 0% |
| 1 Aug 2022 | $75.8M | $31.4M – $114M | $80.3M (+6%) | after a round | 64 | growing | C | 0% |
| 1 Sep 2022 | $79.6M | $31.4M – $114M | $80.3M (+1%) | after a round | 64 | growing | C | 0% |
| 1 Oct 2022 | $80.3M | $31.8M – $114M | $80.3M (0%) | after a round | 64 | growing | C | 0% |
| 1 Nov 2022 | $80.3M | $28.7M – $114M | $80.3M (0%) | after a round | 64 | unknown | C | 0% |
| 1 Dec 2022 | $80.3M | $27.3M – $114M | $80.3M (0%) | after a round | 64 | unknown | C | 0% |
| 1 Jan 2023 | $83.4M | $31.5M – $118M | $83.4M (0%) | after a round | 76 | up | C | 0% |
| 1 Feb 2023 | $83.4M | $31.2M – $118M | $83.4M (0%) | after a round | 76 | up | C | 0% |
| 1 Mar 2023 | $83.4M | $31.0M – $118M | $83.4M (0%) | after a round | 76 | up | C | 0% |
| 1 Apr 2023 | $83.4M | $30.7M – $118M | $83.4M (0%) | after a round | 76 | up | C | 0% |
| 1 May 2023 | $83.4M | $30.4M – $118M | $83.4M (0%) | after a round | 76 | up | C | 0% |
| 1 Jun 2023 | $83.4M | $30.1M – $118M | $83.4M (0%) | after a round | 76 | up | C | 0% |
| 1 Jul 2023 | $83.4M | $29.8M – $118M | $83.4M (0%) | after a round | 76 | up | C | 0% |
| 1 Aug 2023 | $83.4M | $19.0M – $118M | $83.4M (0%) | after a round | 76 | unknown | C | 0% |
| 1 Sep 2023 | $83.4M | $18.1M – $118M | $83.4M (0%) | after a round | 76 | unknown | C | 0% |
| 1 Oct 2023 | $68.3M | $17.1M – $111M | $62.1M (-9%) | after a round | 73 | flat | C | 20% |
| 1 Nov 2023 | $67.9M | $16.2M – $111M | $61.2M (-10%) | after a round | 73 | flat | C | 20% |
| 1 Dec 2023 | $67.5M | $15.4M – $112M | $60.3M (-11%) | after a round | 73 | flat | C | 20% |
| 1 Jan 2024 | $67.1M | $14.7M – $112M | $59.4M (-11%) | after a round | 73 | flat | D | 20% |
| 1 Feb 2024 | $66.7M | $13.9M – $113M | $58.6M (-12%) | after a round | 73 | flat | D | 20% |
| 1 Mar 2024 | $56.9M | $13.2M – $110M | $46.6M (-18%) | after a round | 71 | flat | D | 34% |
| 1 Apr 2024 | $56.3M | $12.6M – $111M | $45.7M (-19%) | after a round | 71 | flat | D | 34% |
| 1 May 2024 | $55.8M | $12.0M – $112M | $44.9M (-20%) | after a round | 71 | flat | D | 34% |
| 1 Jun 2024 | $55.3M | $11.4M – $112M | $44.1M (-20%) | after a round | 71 | flat | D | 34% |
| 1 Jul 2024 | $57.1M | $10.9M – $115M | $45.7M (-20%) | after a round | 74 | flat | D | 31% |
| 1 Aug 2024 | $58.5M | $10.4M – $116M | $47.2M (-19%) | after a round | 75 | flat | D | 29% |
| 1 Sep 2024 | $59.7M | $9.88M – $117M | $48.3M (-19%) | after a round | 75 | flat | D | 26% |
| 1 Oct 2024 | $59.0M | $9.41M – $109M | $49.8M (-16%) | after a round | 75 | flat | D | 24% |
| 1 Nov 2024 | $59.6M | $8.92M – $109M | $50.6M (-15%) | after a round | 74 | flat | D | 22% |
| 1 Dec 2024 | $60.3M | $8.49M – $108M | $51.5M (-15%) | after a round | 74 | flat | D | 20% |
| 1 Jan 2025 | $60.9M | $8.07M – $108M | $52.3M (-14%) | after a round | 74 | flat | D | 19% |
| 1 Feb 2025 | $61.5M | $7.66M – $108M | $53.1M (-14%) | after a round | 74 | flat | D | 17% |
| 1 Mar 2025 | $62.1M | $7.32M – $107M | $53.8M (-13%) | after a round | 74 | flat | D | 16% |
| 1 Apr 2025 | $62.5M | $6.96M – $107M | $54.5M (-13%) | after a round | 74 | flat | D | 15% |
| 1 May 2025 | $63.2M | $6.62M – $107M | $55.5M (-12%) | after a round | 74 | flat | D | 13% |
| 1 Jun 2025 | $63.6M | $6.29M – $106M | $56.0M (-12%) | after a round | 74 | flat | D | 12% |
| 1 Jul 2025 | $23.0M | $5.78M – $85.0M | $16.6M (-28%) | after a round | 63 | down | D | 70% |
| 1 Aug 2025 | $17.4M | $5.50M – $80.8M | $12.4M (-29%) | after a round | 63 | down | D | 85% |
| 1 Sep 2025 | $16.8M | $5.22M – $80.1M | $12.3M (-27%) | after a round | 63 | down | D | 85% |
| 1 Oct 2025 | $19.3M | $5.09M – $89.4M | $14.4M (-25%) | after a round | 70 | flat | D | 78% |
| 1 Nov 2025 | $20.4M | $4.84M – $89.7M | $15.9M (-22%) | after a round | 70 | flat | D | 73% |
| 1 Dec 2025 | $19.9M | $4.60M – $89.1M | $15.9M (-20%) | after a round | 70 | flat | D | 73% |
| 1 Jan 2026 | $19.3M | $4.37M – $88.4M | $15.8M (-18%) | after a round | 70 | flat | D | 73% |
| 1 Feb 2026 | $20.9M | $4.18M – $89.4M | $17.8M (-15%) | after a round | 72 | flat | D | 67% |
| 1 Mar 2026 | $22.5M | $3.99M – $89.7M | $19.7M (-13%) | after a round | 72 | flat | D | 62% |
| 1 Apr 2026 | $24.1M | $3.80M – $89.9M | $21.5M (-11%) | after a round | 72 | flat | D | 57% |
| 1 May 2026 | $26.5M | $3.67M – $92.8M | $24.4M (-8%) | after a round | 77 | flat | D | 52% |
| 1 Jun 2026 | $29.3M | $4.48M – $97.0M | $28.1M (-4%) | after a round | 77 | up | D | 48% |
| 1 Jul 2026 | $31.1M | $4.37M – $97.7M | $30.4M (-2%) | after a round | 77 | up | D | 44% |
| 1 Aug 2026 | $33.5M | $4.39M – $99.0M | $32.9M (-2%) | after a round | 77 | up | D | 41% |
| 1 Sep 2026 | $36.2M | $4.49M – $101M | $35.7M (-2%) | after a round | 79 | up | D | 37% |
| 1 Oct 2026 | $38.3M | $4.53M – $101M | $35.7M (-7%) | after a round | 77 | up | D | 34% |
| 24 Oct 2026 | $34.5M | $4.09M – $101M | $32.4M (-6%) | after a round | 77 | up | D | 35% |
Key facts about Fractory
- Founded
- 2017
- Headquarters
- Manchester, United Kingdom
- Employees
- about 77 +10% in a year
- Total raised
- $14M
- Funding rounds
- 3
- Last round
- Other Nov 2023
Fractory was founded in 2017 by Joosep Kask, Martin Vares and Rein Torm.
Fractory funding history
Fractory has 3 funding rounds on record, from Jul 2019 to Nov 2023, $14M in total. None disclosed a valuation.
Other 7 Nov 2023no round page
Led by Kvanted; with Superhero Capital, OTB Ventures, Trind Ventures, United Angels VC, Startup Wise Guys, Verve Ventures. Individuals: Taavi Kotka.
Sources: fractory.com, sheetmetalindustries.com, businesscloud.co.uk
$5.1M
Series A 6 Sep 2021
Led by OTB Ventures; with Trind Ventures, Superhero Capital, United Angels VC, Startup Wise Guys, Verve Ventures.
Sources: finsmes.com, techcrunch.com, rimzy.net
$9.0M
Seed 25 Jul 2019
Led by Trind Ventures, United Angels VC; with Contriber Ventures, Spring Capital, Startup Wise Guys, Nordic Angel Program.
Sources: fractory.com
Amount undisclosed
Fractory investors
10 investors have backed Fractory; Trind Ventures, United Angels VC and OTB Ventures and 1 more led at least one round.
- OTB Ventures lead, 2 rounds
- Contriber Ventures
- Nordic Angel Program
What Fractory does
Fractory works in metal fabrication services, with 14 recorded offerings and customers in automotive, industrial machinery, construction and aerospace.
Fractory Ltd is a British company engaged in custom metal fabrication services. The company serves industries such as automotive, industrial machinery, construction, aerospace, marine, and electrical and electronics, with operations in the United Kingdom and Estonia. Fractory also operates a Multi-Stage Connected Manufacturing (MSCM) platform that manages the entire production lifecycle from quoting to delivery. Its services include prototyping, project and volume production, and a range of metal fabrication processes such as cutting, bending, welding, assembly, and metal casting. The company is committed to sustainability and social responsibility, focusing on reducing waste and improving efficiency.
Description from Veridion's company data.
Products and services
- Metal Fabrication and Casting Services
- Custom Metal Prototyping Services
- Metal Project and Volume Production Services
- Metal Cutting and Bending Services
- Laser Cutting Services
- Plasma Cutting Services
- Flame Cutting Services
- Waterjet Cutting Services
- Metal Punching Services
- CNC Machining Services
- CNC Milling Services
- CNC Turning Services
- Metal Welding and Assembly Services
- Heat and Surface Treatment Services
Markets
- Automotive
- Industrial Machinery
- Construction
- Aerospace
- Marine
- Electrical and Electronics
Technology
- Laser Cutting
- Plasma Cutting
- Flame Cutting
- Waterjet Cutting
- CNC Machining
- CNC Milling
- CNC Turning
- Metal Casting
Supply chain
- Supplier Collaboration
- Sustainable Sourcing
Business model
- Business-to-Business
- Service Provider
- Manufacturing
Industry codes (NAICS)
- 332313 Plate Work Manufacturing 60% match
- 332710 Machine Shops 25% match
- 331511 Iron Foundries 15% match
Questions about Fractory
What is Fractory worth?
Valuation $34.5M (range $4.09M to $101M), as of 24 Oct 2026.
Has Fractory raised money?
Fractory has 3 funding rounds on record, from Jul 2019 to Nov 2023, $14M in total. None disclosed a valuation.
Who has invested in Fractory?
Trind Ventures, United Angels VC, OTB Ventures, Kvanted, Startup Wise Guys and Superhero Capital, and 4 more. Lead investors include Trind Ventures, United Angels VC, OTB Ventures and Kvanted.
How many people work at Fractory?
About 77, up 10% over the last year. Headcount grew from 26 in Jan 2021 to 77 in Sep 2026.
What does Fractory do?
Fractory works in metal fabrication services, with 14 recorded offerings and customers in automotive, industrial machinery, construction and aerospace. Its main offerings are metal fabrication and casting services, custom metal prototyping services and metal project and volume production services.
When was Fractory founded, and where is it based?
Fractory was founded in 2017 and is based in Manchester, United Kingdom. It has about 77 employees, up 10% over the last year.